432 2476if Bancorp Inc Completes Stock Offering and Conversion Watseka Illinois July 7 2011
432 2476IF BANCORP, INC. COMPLETES STOCK OFFERING AND CONVERSION Watseka, Illinois, July 7, 2011 Sample Clauses
432-2476IF BANCORP, INC. COMPLETES STOCK OFFERING AND CONVERSION Watseka, Illinois, July 7, 2011. IF Bancorp, Inc., the holding company for Iroquois Federal Savings and Loan Association (“Iroquois Federal”), announced that it completed its stock offering in connection with the mutual-to-stock conversion of Iroquois Federal on July 7, 2011. Shares of IF Bancorp, Inc. are expected to begin trading on Friday, July 8, 2011, on the NASDAQ Capital Market under the symbol “IROQ.” IF Bancorp sold 4,496,500 shares of common stock at $10.00 per share in its subscription offering, including 384,900 shares purchased by Iroquois Federal’s employee stock ownership plan. IF Bancorp also contributed $450,000 and 314,755 shares of its common stock to Iroquois Federal Foundation, Inc., a not-for-profit charitable foundation that Iroquois Federal has established in connection with the stock offering and conversion.